Rob Shepard Co-Owner and VP and Jeff Fassett, President and Co-Owner
As the utility sector transitions toward more carbon-neutral technologies, the existing power generation, transmission, and distribution infrastructure must be maintained at peak efficiencies. Major stakeholders in the utility sector are embracing innovation and paving the way for more efficient and sustainable utility projects.
IEM Energy Consultants is supporting such leaders to meet their innovation goals.
The IEM Energy Consultants leverages its extensive expertise and proven methodology to help clients in the power sector address critical business topics and navigate regulatory compliance. The company, which has been in business for 25 years, consists of industry veterans who have worked on and in power plants and related equipment worldwide. With their unique combination of expertise, in-depth analysis, and insights, IEM provides expert advice and assistance with financing projects, planning and executing maintenance and critical upgrades to current power generation assets, as well as supporting the implementation of new projects.
“We have an extensive database of long-term clients we have worked with for over 20 years. Our dedication to meeting our clients’ needs, meeting deadlines, and achieving project goals has helped us establish a strong foundation for continued success,” says Jeff Fassett, Founder, President and co-owner of IEM Energy Consultants.
Our dedication to meeting our client’s needs, meeting deadlines, and achieving project goals has helped us establish a strong foundation for continued success in the future
Maintaining aging power generation assets requires careful planning and strategic decision-making to ensure the system’s safety, reliability, and efficiency. Some key considerations in this process include asset management, risk assessment, and planning, in addition to the project management of asset maintenance, replacements, and upgrades.
IEM’s role is exemplified in these areas. Clients who want to keep their aging power plant operating reliably for years to come are consulting with IEM, to not only maintain existing capacity but to plan and build new replacement capacity. Many of their clients have been able to extend their facilities’ effective lifespan well beyond the originally anticipated life with IEM’s help.
Along with developing comprehensive, proactive maintenance strategies, IEM Energy Consultants provides targeted recommendations regarding inspections, maintenance, and support for the implementation of preventative maintenance strategies, as well as guiding owners with necessary repairs or upgrades to equipment, ensuring the plants can reach the limits of their lifecycle.
IEM recently solved a client’s issue when their portfolio capacity was severely restrained. IEM took the lead role on the client’s behalf and is playing a critical role in the installation of new firm capacity resources. The consultancy was able to shorten the lead times through its industry contacts and experience and negotiate the turbine purchase agreements in a record time of six weeks.
“We took the lead role in the facility’s installation, design, and build. What normally would be a two-to-three-year window, we took less than two years,” says Robert (Rob) M. Shepard, co-owner and VP of IEM Energy Consultants.
With IEM’s expertise and service delivery method, they are frequently approached by clients who are in the process of purchasing power plants. The consultancy’s technical due diligence studies provide enhanced support to clients to help identify flaws within the contract or within the operation and maintenance of the facility, helping to mitigate potential risks for clients in the future.
IEM works with regulated and non-regulated utilities, independent power producers, municipalities, and more. They also support clients and associated industries with expert witness engagements involving mediation, arbitration, and, when necessary, court trials.
Since its inception, IEM has provided a wide range of consulting and engineering services to some of the largest global and US-based energy utilities. The consultancy has cemented its footprint as a first-class service provider, guaranteeing long-term sucess. IEM has built a full spectrum of offerings across the industry and represents different technologies that can work with a vast array of project requirements for their clients.